Re: Total CAPEX and Spectrum purchaes (let's discuss further/. Also about Cingular)

I donâ€™t remember if it was actually to enhance it or where they actually just starting there so you do have a point, but it wonâ€™t be that much especially given Cingularâ€™s per tower build of about $750k, which is average per tower. More importantly, the costs to get spectrum in that area isnâ€™t also that expensive given with the purchases of Suncom, and others. It might cost on average of $1.5-$3/MHz pop also depending on circumstances. Obviously if they build the towers they could always re-sell them and then pay rent on them, as many companies today are doing and the point that you mentioned Suncom sold their towers and are renting them. so given the fact that all of those circumstances I think it is feasible to do it. Also Verizon has also been busy in NC. â€œVerizon Wireless Announces a $146 Million Investment in North Carolinaâ€ that is with the enhance the capacity though, but it says; â€œincreasing the company's six-year investment to over $531 million.â€ so that is about $88m per year. One more article on the tower situation with VZW; â€œVerizon Wireless invested over $330 Million in North Carolina last year to service new and existing North Carolina markets and built 280 cell sitesâ€ so just on the math it is around $1.1 million per cell site. That actually seems quite high. The range usually is from $500k-$900k. Verizon obviously spent on their spectrum of $3-5/MHz per pop. So it also depends per pop that the carriers have paid for spectrum alone plus capacity on the spectrum. A report out is saying the following companies with spectrum; AT&T has on average 65 MHz and spent $1.50 per pop. VZW has 53mhz also and spent more than $4/MHz per pop. Sprint has more than 50mhz and spent $1.50mhz per pop. Finally T-mobile has more than 50mhz and spent $2-3mhz/pop. They did very well on that spectrum purchases with average pop per MHz at $.55.